FSB Loyalty Checking

Loyalty Checking

A FREE High-interest Checking Account

Immediate access to your money is important, but when you don't need it, why not put it to work earning money for you?

The FSB Loyalty Checking account is a free account that earns a high interest rate so long as you're able to maintain a positive balance. There are no minimum balance fees and this checking account comes with a free check card to make accessing your money even easier! Pair this with our new personalized bank cards and you'll have easy access, great support and a custom look to your checking account. If you're looking for a Waterloo-based checking account (or other Eastern Iowa locations), Farmers State Bank has what you need with the FSB Loyalty Checking account.

  • Earn 3.05% APY* on balances up to $20,000(0.15% APY* on balances above $20,000)8
  • $100 minimum opening deposit
  • No minimum balance required
  • FREE Custom Check Card
  • FREE I-Banking with FREE Bill Pay feature
  • Reimbursed up to $10.00 in ATM Fees per month8
  • No maintenance fees
  • Unlimited ATM Transactions (ATM Locations)
  • Line of Credit available (Subject to qualification, certain fees may apply)

The following must be completed and posted by the last business day of the month:

  1. Two Automatic Transfers Per Month (ACH Direct Deposit or ACH Payment)
  2. Minimum of 15 Debit Card Transactions Per Month with a minimum amount of $10.00 per transaction (Excludes ATMs)
  3. Receive Monthly eStatements (With Valid E-mail Address)
  4. Sign in to I-Banking Once Per Month

Rates Effective As Of

8If the average daily balance is $0.01- $20,000.00 the interest rate paid on that portion of the balance will be 3.01% & APY of 3.05%. If the average daily balance is greater than $20,000.00 the interest rate paid on that portion of the balance will be 0.15% with an APY range of 3.01%-0.15% provided the following items post & clear the account by the last business day of the month: eStatements (Valid email Address Required); log in to FSB I-Banking; two Automatic Transfers (ACH Direct Deposit or Payment); & 15 Debit Card Transactions (Excludes ATMs) with a minimum amount of $10.00 per transaction. If the previously mentioned items are not met, then a lower APY & interest rate of 0.01% will be earned on all balances. Rates subject to change daily. Charges up to $10.00 per month imposed at US, non-proprietary ATM’s will be refunded to your account by the 15th of the following month if the above conditions are met. Account Holder must have or open one additional primary or secondary account relationship other than the FSB Loyalty Checking, debit card, & Ibanking. Account subject to change. $100 opening deposit required. No minimum balance. See branch for more details. 

*APY = Annual Percentage Yield. Rates & APY are variable and may change daily. Fees may reduce earnings. Available on personal accounts only and one account per household.

For more details please visit a Farmers State Bank location, call FSB at 1-877-FSB-1879, or email us at bank@fsb1879.com.